But Selerity, a financial intelligence firm that uses an automated process to browse and detect news, posted a tweet that showed the report had been posted to ADP’s public site at least four minutes before the scheduled release.

Terpstra said the company has used its real-time technology to search multiple government, corporate and financial websites to break financial news early. Terpstra said in January 2011, Selerity published Microsoft’s
MSFT, -1.70%
earnings earlier than expected.

The early release of information has been a hot topic for regulators. Under pressure, Thomson Reuters halted a practice of giving consumer sentiment data to some subscribers early.

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